Ran Fridman
PM that offers bookkeeping services
Hello! Are there property management companies out there that also offers bookkeeping services to the landlords? If yes, what is the usual inclusions and rate? Is this something that landlords would be interested in o...
Kathleen Amundsen
Should I invest in rental properties with my 401K?
Hello I have a 401k worth 250000 and I am retiring from company> Im 55 years old and want to buy some rental properties for my 2 kids to rent from me.. I need the income from the rental properties now and was cons...
Tim Bee
How much rental income do you need to net per month to quit your job?
How much monthly rental income do you need to NET (what goes in your pocket after loans, repairs, taxes, etc.) to quit your job?
Ned Carey
Do I have to file return with no transactions
In another thread Steven Hamilton II wrote
The penalty for not filling is worse than the penalty for not paying.
This brings up the question do I have to file? I have several companies.
Do I have to file in the fol...
Christopher Romeo
Using 401K to invest in RE
Does anyone have any insight on the transfer of a 401K from a previous job to use as a down payment on a RE investment? Is it possible to transfer it to a Self Directed IRA and use that on a possible House Hack or Fl...
Luke Beltrand
Accounting Advice for newbie with a single family home
Want to find the right info, having a hard time weeding through all the info out there. Don't want to do an LLC until i get more properties down the road. Do I just get a separate checking account to keep income separ...
Eva Mackowski
moving 401k to sdrira-company recommendations
Hello everyone,I'm looking to move my 401k to a self directed ira to purchase str(vrbo's) and ltr properties. I'm looking for recommendations from those of you who have done this as to what companies you have tried/a...
Scott R.
Passive income negative, do I even bother rental income taxes?
Properties generated $110K last year, I stopped at $120K losses before even going into expenses. I don't want to dig through expenses and itemize all that crap since I'm already at no income. So do I even need to file...
Shawn Root
Can someone check my math?
I was trying to run some numbers through a spreadsheet to see what the effects wereof cashing out a 401k to invest in vs. leaving it in a self-directed IRA/401k.Assumptions:1. Starting value of 300k in 401k2. Lose a t...
Melissa Allen
Tricky question about HELOCS and retirement account loans
This is more of a financial advice question in order to prepare for the next deal. (We only have one STR and have had it for two years.) My husband and I each have retirement accounts through work, plus his 457 and my...